The following is a listing of the ranking and valuation of the 30 clubs in MLB as estimated by Forbes.
Note that the year shown is the year data is published, yet reflects numbers from the season prior
2012 |2011 |2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002
Estimated MLB Revenues/Income/Franchise Values, 1990-2003
Issued on 3/21/2012
| Rk |
Team |
Current
Value |
1-Yr
Value |
Debt/Value
|
Rev
|
Op
Income |
| 1 |
New York Yankees |
1,850 |
9 |
2 |
439 |
10 |
| 2 |
Los Angeles Dodgers |
1,400 |
75 |
41 |
230 |
1.2 |
| 3 |
Boston Red Sox |
1,000 |
10 |
24 |
310 |
25.4 |
| 4 |
Chicago Cubs |
879 |
14 |
66 |
266 |
28.1 |
| 5 |
Philadelphia Phillies |
723 |
19 |
24 |
249 |
-11.6 |
| 6 |
New York Mets |
719 |
-4 |
69 |
225 |
-40.8 |
| 7 |
Texas Rangers |
674 |
20 |
55 |
233 |
15.3 |
| 8 |
LA Angels |
656 |
18 |
3 |
226 |
-1.2 |
| 9 |
San Francisco Giants |
643 |
14 |
16 |
230 |
8.8 |
| 10 |
Chicago White Sox |
600 |
14 |
7 |
214 |
10.7 |
| 11 |
St Louis Cardinals |
591 |
14 |
47 |
233 |
25 |
| 12 |
Seattle Mariners |
585 |
30 |
0 |
210 |
2.2 |
| 13 |
Houston Astros |
549 |
16 |
41 |
196 |
24.3 |
| 14 |
Minnesota Twins |
510 |
4 |
20 |
213 |
16.6 |
| 15 |
Atlanta Braves |
508 |
5 |
0 |
203 |
20.7 |
| 16 |
Washington Nationals |
480 |
15 |
52 |
200 |
25.9 |
| 17 |
Detroit Tigers |
478 |
24 |
39 |
217 |
8.2 |
| 18 |
Colorado Rockies |
464 |
12 |
15 |
193 |
14.4 |
| 19 |
Baltimore Orioles |
460 |
12 |
33 |
179 |
12.9 |
| 20 |
San Diego Padres |
458 |
13 |
44 |
163 |
23.2 |
| 21 |
Miami Marlins |
450 |
25 |
32 |
148 |
8.9 |
| 22 |
Milwaukee Brewers |
448 |
19 |
27 |
195 |
19.2 |
| 23 |
Arizona D-Backs |
447 |
13 |
39 |
186 |
27.2 |
| 24 |
Cincinnati Reds |
424 |
13 |
10 |
185 |
17.1 |
| 25 |
Toronto Blue Jays |
413 |
23 |
0 |
188 |
24.9 |
| 26 |
Cleveland Indians |
410 |
16 |
27 |
178 |
30.1 |
| 27 |
Kansas City Royals |
354 |
1 |
14 |
161 |
28.5 |
| 28 |
Pittsburgh Pirates |
336 |
11 |
38 |
168 |
15.9 |
| 29 |
Tampa Bay Rays |
323 |
-2 |
36 |
161 |
26.2 |
| 30 |
Oakland Athletics |
321 |
5 |
28 |
160 |
14.6 |
Issued on 3/23/2011
| Rk | Team | Current
Value ($mil) |
1-Yr Value Change (%) |
Debt/Value
(%) |
Revenue ($mil) |
Operating
Income ($mil) |
|---|---|---|---|---|---|---|
| 1 | New York Yankees | 1,700 | 6 | 4 | 427 | 25.7 |
| 2 | Boston Red Sox | 912 | 5 | 26 | 272 | -1.1 |
| 3 | Los Angeles Dodgers | 800 | 10 | 54 | 246 | 32.8 |
| 4 | Chicago Cubs | 773 | 6 | 75 | 258 | 23.4 |
| 5 | New York Mets | 747 | -13 | 60 | 233 | -6.2 |
| 6 | Philadelphia Phillies | 609 | 13 | 29 | 239 | 8.9 |
| 7 | San Francisco Giants | 563 | 16 | 21 | 230 | 29.9 |
| 8 | Texas Rangers | 561 | 25 | 66 | 206 | 22.6 |
| 9 | Los Angeles Angels of Anaheim | 554 | 6 | 10 | 222 | 11.8 |
| 10 | Chicago White Sox | 526 | 13 | 8 | 210 | 27.6 |
| 11 | St Louis Cardinals | 518 | 6 | 53 | 207 | 19.8 |
| 12 | Minnesota Twins | 490 | 21 | 20 | 213 | 26.5 |
| 13 | Atlanta Braves | 482 | 7 | 0 | 201 | 22.2 |
| 14 | Houston Astros | 474 | 5 | 12 | 197 | 14.4 |
| 15 | Seattle Mariners | 449 | 2 | 15 | 204 | 9.9 |
| 16 | Washington Nationals | 417 | 8 | 60 | 194 | 36.6 |
| 17 | Colorado Rockies | 414 | 8 | 19 | 188 | 16.3 |
| 18 | Baltimore Orioles | 411 | 9 | 37 | 175 | 25.5 |
| 19 | San Diego Padres | 406 | 0 | 49 | 159 | 37.2 |
| 20 | Arizona Diamondbacks | 396 | 4 | 25 | 180 | 6.2 |
| 21 | Detroit Tigers | 385 | 3 | 55 | 192 | -29.1 |
| 22 | Milwaukee Brewers | 376 | 7 | 32 | 179 | 12.4 |
| 23 | Cincinnati Reds | 375 | 13 | 11 | 179 | 20.1 |
| 24 | Florida Marlins | 360 | 13 | 40 | 143 | 20.2 |
| 25 | Cleveland Indians | 353 | -10 | 31 | 168 | 12.1 |
| 26 | Kansas City Royals | 351 | 3 | 14 | 160 | 10.3 |
| 27 | Toronto Blue Jays | 337 | 3 | 0 | 168 | 3.6 |
| 28 | 331 | 5 | 35 | 166 | 6.8 | |
| 29 | Oakland Athletics | 307 | 4 | 29 | 161 | 23.2 |
| 30 | Pittsburgh Pirates | 304 | 5 | 42 | 160 | 24.6 |
Issued on 4/7/2010
| Rank | Team | Current Value1 ($mil) | 1-Yr Value Change (%) | Debt/Value2 (%) | Revenues ($mil) | Operating Income3 ($mil) |
| 1 | New York Yankees | 1,600 | 7 | 89 | 441 | 24.9 |
| 2 | Boston Red Sox | 870 | 4 | 28 | 266 | 40.0 |
| 3 | New York Mets | 858 | -6 | 81 | 268 | 26.2 |
| 4 | Los Angeles Dodgers | 727 | 1 | 58 | 247 | 33.1 |
| 5 | Chicago Cubs | 726 | 4 | 80 | 246 | 25.5 |
| 6 | Philadelphia Phillies | 537 | 8 | 33 | 233 | 14.5 |
| 7 | Los Angeles Angels of Anaheim | 521 | 2 | 7 | 217 | 12.0 |
| 8 | St Louis Cardinals | 488 | 0 | 56 | 195 | 12.8 |
| 9 | San Francisco Giants | 483 | 3 | 26 | 201 | 23.5 |
| 10 | Chicago White Sox | 466 | 3 | 9 | 194 | 26.4 |
| 11 | Houston Astros | 453 | 2 | 12 | 189 | 7.1 |
| 12 | Texas Rangers | 451 | 11 | 105 | 180 | 4.7 |
| 13 | Atlanta Braves | 450 | 1 | 0 | 188 | 1.5 |
| 14 | Seattle Mariners | 439 | 3 | 23 | 191 | 10.5 |
| 15 | San Diego Padres | 408 | 2 | 49 | 157 | 32.1 |
| 16 | Minnesota Twins | 405 | 14 | 25 | 162 | 25.0 |
| 17 | Cleveland Indians | 391 | -2 | 28 | 170 | 10.1 |
| 18 | Washington Nationals | 387 | -5 | 65 | 184 | 33.5 |
| 19 | Colorado Rockies | 384 | 3 | 21 | 183 | 20.1 |
| 20 | Arizona Diamondbacks | 379 | -3 | 38 | 172 | -0.6 |
| 21 | Baltimore Orioles | 376 | -6 | 40 | 171 | 19.4 |
| 22 | Detroit Tigers | 375 | 1 | 56 | 188 | -29.5 |
| 23 | Milwaukee Brewers | 351 | 1 | 34 | 171 | 10.2 |
| 24 | Kansas City Royals | 341 | 9 | 15 | 155 | 8.9 |
| 25 | Cincinnati Reds | 331 | -3 | 12 | 166 | 17.8 |
| 26 | Toronto Blue Jays | 326 | -8 | 0 | 163 | 13.1 |
| 27 | Florida Marlins | 317 | 15 | 32 | 144 | 46.1 |
| 28 | Tampa Bay Rays | 316 | -1 | 19 | 156 | 15.7 |
| 29 | Oakland Athletics | 295 | -8 | 30 | 155 | 22.1 |
| 30 | Pittsburgh Pirates | 289 | 0 | 35 | 145 | 15.6 |
Revenues and operating income are for 2009 season.
1Value of team based on current stadium deal (unless new stadium
is pending) without deduction for debt (other than stadium debt).
2Includes stadium debt.
3Earnings before interest, taxes, depreciation and amortization.
NA: Not applicable.
Issued on 4/22/2009
| Rank | Team | Current Value1 ($mil) | 1-Yr Value Change (%) | Debt/Value2 (%) | Revenues ($mil) | Operating Income3 ($mil) |
| 1 | New York Yankees | 1,500 | 15 | 95 | 375 | -3.7 |
| 2 | New York Mets | 912 | 11 | 76 | 261 | 23.5 |
| 3 | Boston Red Sox | 833 | 2 | 29 | 269 | 25.7 |
| 4 | Los Angeles Dodgers | 722 | 4 | 58 | 241 | 16.5 |
| 5 | Chicago Cubs | 700 | 9 | 0 | 239 | 29.7 |
| 6 | Los
Angeles Angels of Anaheim |
509 | 2 | 7 | 212 | 10.3 |
| 7 | Philadelphia Phillies | 496 | 3 | 35 | 216 | 16.3 |
| 8 | St Louis Cardinals | 486 | 0 | 50 | 195 | 6.6 |
| 9 | San Francisco Giants | 471 | -5 | 28 | 196 | 22.4 |
| 10 | Chicago White Sox | 450 | 2 | 9 | 196 | 13.8 |
| 11 | Atlanta Braves | 446 | -10 | 0 | 186 | 4.7 |
| 12 | Houston Astros | 445 | -4 | 12 | 194 | 17.0 |
| 13 | Seattle Mariners | 426 | -9 | 23 | 189 | 3.8 |
| 14 | Washington Nationals | 406 | -12 | 62 | 184 | 42.6 |
| 15 | Texas Rangers | 405 | -2 | 66 | 176 | 17.4 |
| 16 | San Diego Padres | 401 | 4 | 60 | 174 | 22.9 |
| 17 | Baltimore Orioles | 400 | 0 | 38 | 174 | 27.2 |
| 18 | Cleveland Indians | 399 | -4 | 25 | 181 | 19.5 |
| 19 | Arizona Diamondbacks | 390 | 3 | 51 | 177 | 3.9 |
| 20 | Colorado Rockies | 373 | 1 | 21 | 178 | 24.5 |
| 21 | Detroit Tigers | 371 | -9 | 57 | 186 | -26.3 |
| 22 | Minnesota Twins | 356 | 9 | 28 | 158 | 26.8 |
| 23 | Toronto Blue Jays | 353 | 0 | 0 | 172 | 3.0 |
| 24 | Milwaukee Brewers | 347 | 5 | 35 | 173 | 11.8 |
| 25 | Cincinnati Reds | 342 | 2 | 12 | 171 | 17.0 |
| 26 | Tampa Bay Rays | 320 | 10 | 19 | 160 | 29.4 |
| 27 | Oakland Athletics | 319 | -1 | 28 | 160 | 26.2 |
| 28 | Kansas City Royals | 314 | 4 | 13 | 143 | 9.0 |
| 29 | Pittsburgh Pirates | 288 | -1 | 35 | 144 | 15.9 |
| 30 | Florida Marlins | 277 | 8 | 32 | 139 | 43.7 |
Issued on 4/16/2008
| Rank | Team | Current Value 1 ($mil) | 1-Yr Value Change (%) | Debt/ Value 2 (%) |
Rev ($mil) |
Op Income3 ($mil) |
| 1 | New
York Yankees |
1,306 | 9 | 77 | 327 | -47.3 |
| 2 | New York Mets | 824 | 12 | 97 | 235 | 32.9 |
| 3 | Boston Red Sox | 816 | 13 | 29 | 263 | -19.1 |
| 4 | Los
Angeles Dodgers |
694 | 10 | 61 | 224 | 20.0 |
| 5 | Chicago Cubs | 642 | 8 | 0 | 214 | 21.4 |
| 6 | Los
Angeles Angels of Anaheim |
500 | 16 | 7 | 200 | 15.2 |
| 7 | Atlanta Braves | 497 | 9 | 0 | 199 | 28.1 |
| 8 | San
Francisco Giants |
494 | 8 | 28 | 197 | 19.9 |
| 9 | St Louis Cardinals | 484 | 5 | 51 | 194 | 21.5 |
| 10 | Philadelphia
Phillies |
481 | 5 | 36 | 192 | 14.3 |
| 11 | Seattle Mariners | 466 | 7 | 21 | 194 | 10.1 |
| 12 | Houston Astros | 463 | 5 | 12 | 193 | 20.4 |
| 13 | Washington
Nationals |
460 | 3 | 54 | 153 | 43.7 |
| 14 | Chicago White Sox | 443 | 16 | 9 | 193 | 30.6 |
| 15 | Cleveland Indians | 417 | 14 | 24 | 181 | 29.2 |
| 16 | Texas Rangers | 412 | 13 | 65 | 172 | 17.2 |
| 17 | Detroit Tigers | 407 | 14 | 52 | 173 | 4.6 |
| 18 | Baltimore Orioles | 398 | 1 | 38 | 166 | 7.7 |
| 19 | San Diego Padres | 385 | 5 | 45 | 167 | 23.6 |
| 20 | Arizona
Diamondbacks |
379 | 12 | 54 | 165 | 5.9 |
| 21 | Colorado Rockies | 371 | 17 | 22 | 169 | 26.2 |
| 22 | Toronto Blue Jays | 352 | 2 | 0 | 160 | -1.8 |
| 23 | Cincinnati Reds | 337 | 10 | 12 | 161 | 19.3 |
| 24 | Milwaukee Brewers | 331 | 15 | 36 | 158 | 19.2 |
| 25 | Minnesota Twins | 328 | 14 | 27 | 149 | 23.8 |
| 26 | Oakland Athletics | 323 | 11 | 28 | 154 | 15.4 |
| 27 | Kansas City Royals | 301 | 7 | 13 | 131 | 7.4 |
| 28 | Pittsburgh Pirates | 292 | 7 | 34 | 139 | 17.6 |
| 29 | Tampa Bay Rays | 290 | 8 | 14 | 138 | 29.7 |
| 30 | Florida Marlins | 256 | 5 | 34 | 128 | 35.6 |
Revenues and operating income are for 2007 season.
1Value of team based on current stadium deal (unless new stadium is pending)
without deduction for debt (other than stadium debt).
2Includes stadium debt.
3Earnings before interest, taxes, depreciation and amortization.
NA: Not applicable.
Issued on 4/19/07
| Rank | Team | Current Value 1 ($mil) | 1-Yr Value Change (%) | Debt/ Value 2 (%) |
Rev |($mil) | Op Income3 ($mil) |
| 1 | New
York Yankees |
1,200 | 17 | 79 | 302 | -25.2 |
| 2 | New
York Mets |
736 | 22 | 83 | 217 | 24.4 |
| 3 | Boston
Red Sox |
724 | 17 | 33 | 234 | 19.5 |
| 4 | Los
Angeles Dodgers |
632 | 31 | 67 | 211 | 27.5 |
| 5 | Chicago Cubs | 592 | 32 | 0 | 197 | 22.2 |
| 6 | St
Louis Cardinals |
460 | 7 | 53 | 184 | 14.0 |
| 7 | San
Francisco Giants |
459 | 12 | 32 | 184 | 18.5 |
| 8 | Atlanta Braves | 458 | 13 | 0 | 183 | 14.8 |
| 9 | Philadelphia
Phillies |
457 | 8 | 38 | 183 | 11.3 |
| 10 | Washington
Nationals |
447 | 2 | 56 | 144 | 19.5 |
| 11 | Houston Astros | 442 | 6 | 12 | 184 | 18.4 |
| 12 | Seattle Mariners | 436 | 2 | 23 | 182 | 21.5 |
| 13 | Los
Angeles Angels of Anaheim |
431 | 17 | 8 | 187 | 11.5 |
| 14 | Baltimore Orioles | 395 | 10 | 38 | 158 | 17.1 |
| 15 | Chicago White Sox | 381 | 21 | 10 | 173 | 19.5 |
| 16 | San Diego Padres | 367 | 4 | 48 | 160 | 5.2 |
| 17 | Texas Rangers | 365 | 3 | 73 | 155 | 11.2 |
| 18 | Cleveland Indians | 364 | 4 | 27 | 158 | 24.9 |
| 19 | Detroit Tigers | 357 | 22 | 59 | 170 | 8.7 |
| 20 | Toronto Blue Jays | 344 | 20 | 0 | 157 | 11.0 |
| 21 | Arizona Diamondbacks |
339 | 11 | 68 | 154 | 6.4 |
| 22 | Colorado Rockies | 317 | 6 | 28 | 151 | 23.9 |
| 23 | Cincinnati Reds | 307 | 12 | 13 | 146 | 22.4 |
| 24 | Oakland Athletics | 292 | 24 | 31 | 146 | 14.5 |
| 25 | Minnesota Twins | 288 | 33 | 31 | 131 | 14.8 |
| 26 | Milwaukee Brewers | 287 | 22 | 42 | 144 | 20.8 |
| 27 | Kansas City Royals | 282 | 18 | 14 | 123 | 8.4 |
| 28 | Pittsburgh Pirates | 274 | 10 | 37 | 137 | 25.3 |
| 29 | Tampa
Bay Devil Rays |
267 | 28 | 15 | 134 | 20.2 |
| 30 | Florida Marlins | 244 | 8 | 36 | 122 | 43.3 |
Revenues and operating income are for 2006 season.
1Value of team based on current stadium deal (unless new stadium is pending)
without deduction for debt (other than stadium debt).
2Includes stadium debt.
3Earnings before interest, taxes, depreciation and amortization.
NA: Not applicable.
Issued 4/20/06
| Rank | Team | Current Value1 ($mil) | 1-Yr Value Change (%) | Debt/ Value2 (%) |
Rev ($mil) |
Op Income3 ($mil) |
| 1 | New
York Yankees |
1026 | 8 | 12 | 277 | -50.0 |
| 2 | Boston
Red Sox |
617 | 10 | 39 | 206 | -18.5 |
| 3 | New York Mets | 604 | 20 | 42 | 195 | -16.1 |
| 4 | Los
Angeles Dodgers |
482 | 14 | 87 | 189 | 13.4 |
| 5 | Chicago Cubs | 448 | 12 | 0 | 179 | 7.9 |
| 6 | Washington
Nationals |
440 | 42 | 27 | 145 | 27.9 |
| 7 | St Louis Cardinals | 429 | 16 | 47 | 165 | 7.9 |
| 8 | Seattle Mariners | 428 | 3 | 23 | 179 | 7.3 |
| 9 | Philadelphia Phillies | 424 | 8 | 42 | 176 | 14.8 |
| 10 | Houston Astros | 416 | 17 | 13 | 173 | 30.2 |
| 11 | San Francisco Giants | 410 | 8 | 37 | 171 | 11.2 |
| 12 | Atlanta Braves | 405 | 6 | 7 | 172 | 27.6 |
| 13 | Los
Angeles Angels of Anaheim |
368 | 25 | 10 | 167 | -2.6 |
| 14 | Baltimore Orioles | 359 | 5 | 42 | 156 | 21.0 |
| 15 | San Diego Padres | 354 | 8 | 56 | 158 | 13.0 |
| 16 | Texas Rangers | 353 | 8 | 45 | 153 | 24.7 |
| 17 | Cleveland Indians | 352 | 10 | 28 | 150 | 34.6 |
| 18 | Chicago White Sox | 315 | 20 | 11 | 157 | 21.7 |
| 19 | Arizona Diamondbacks |
305 | 7 | 79 | 145 | 21.8 |
| 20 | Colorado Rockies | 298 | 3 | 30 | 145 | 16.3 |
| 21 | Detroit Tigers | 292 | 22 | 73 | 146 | 3.5 |
| 22 | Toronto Blue Jays | 286 | 34 | 0 | 136 | 29.7 |
| 23 | Cincinnati Reds | 274 | 8 | 15 | 137 | 17.9 |
| 24 | Pittsburgh Pirates | 250 | 15 | 44 | 125 | 21.9 |
| 25 | Kansas City Royals | 239 | 28 | 15 | 117 | 20.8 |
| 26 | Milwaukee Brewers | 235 | 13 | 51 | 131 | 22.4 |
| 27 | Oakland Athletics | 234 | 26 | 38 | 134 | 16.0 |
| 28 | Florida Marlins | 226 | 10 | 31 | 119 | -11.9 |
| 29 | Minnesota Twins | 216 | 21 | 42 | 114 | 7.0 |
| 30 | Tampa Bay Devil Rays | 209 | 19 | 17 | 116 | 20.3 |
Revenues and operating income are for 2005 season.
1Value of team based on current stadium deal (unless new stadium is pending)
without deduction for debt (other than stadium debt).
2Includes stadium debt.
3Earnings before interest, taxes, depreciation and amortization.
NA: Not applicable.
Issued 4/7/05
| Rank | Team
|
Current Value1 ($mil) |
1-Yr Value Change(%) |
Debt/ Value3 (%) |
Rev ($mil) |
Op Income4 ($mil) |
| 1 | New York Yankees | 950 | 14 |
21 |
264 | -37.1 |
| 2 | Boston Red Sox | 563 | 6 |
43 |
201 | -11.3 |
| 3 | New York Mets | 505 | 14 |
50 |
180 | -11.2 |
| 4 | Los Angeles Dodgers | 424 | 6 |
99 |
166 | -7.4 |
| 5 | Seattle Mariners | 415 | 5 |
28 |
173 | 10.8 |
| 6 | Chicago Cubs | 398 | 11 |
10 |
170 | 11.4 |
| 7 | Philadelphia Phillies | 392 | 39 |
46 |
167 | 6.1 |
| 8 | Atlanta Braves | 382 | 2 |
8 |
162 | 15.4 |
| 9 | San Francisco Giants | 381 | 4 |
42 |
159 | 6.9 |
| 10 | St Louis Cardinals | 370 | 18 |
54 |
151 | -3.9 |
| 11 | Houston Astros | 357 | 12 |
15 |
155 | 9.6 |
| 12 | Baltimore Orioles | 341 | 15 |
44 |
148 | 34.0 |
| 13 | San Diego Padres | 329 | 24 |
53 |
150 | 17.1 |
| 14 | Texas Rangers | 326 | 7 |
44 |
142 | 2.9 |
| 15 | Cleveland Indians | 319 | 9 |
33 |
139 | 27.2 |
| 16 | Washington Nationals (formerly the Montreal Expos.) | 310 | 114 |
45 |
80 | -3.0 |
| 17 | Los Angeles Angels of Anaheim | 294 | 22 |
10 |
147 | -30.0 |
| 18 | Colorado Rockies | 290 | 2 |
35 |
132 | -7.8 |
| 19 | Arizona Diamondbacks | 286 | 3 |
103 |
136 | -18.7 |
| 20 | Chicago White Sox | 262 | 6 |
11 |
131 | 8.1 |
| 21 | Cincinnati Reds | 255 | 4 |
26 |
127 | 22.6 |
| 22 | Detroit Tigers | 239 | 2 |
84 |
126 | 7.9 |
| 23 | Pittsburgh Pirates | 218 | 0 |
37 |
109 | 12.2 |
| 24 | Toronto Blue Jays | 214 | 27 |
0 |
107 | 7.8 |
| 25 | Milwaukee Brewers | 208 | 20 |
53 |
112 | 24.2 |
| 26 | Florida Marlins | 206 | 19 |
34 |
103 | 3.0 |
| 27 | Kansas City Royals | 187 | 9 |
16 |
104 | 3.0 |
| 28 | Oakland Athletics | 185 | -1 |
32 |
116 | 5.9 |
| 29 | Minnesota Twins | 178 | 6 |
51 |
102 | -0.5 |
| 30 | Tampa Bay Devil Rays | 176 | 16 |
63 |
110 | 27.2 |
Issued 4/26/04
| Rank | Team/ Owner(s) (Yr Acquired) |
Current Value ($mil)* |
1-Yr Chg |
% Change ** |
Debt/ Value *** |
Rev ($mil) |
Op In^ ($mil) |
| 1 | New
York Yankees /George Steinbrenner ('73) |
$832 | -2% | 15% | 14% | $238 | $-26.3 |
| 2 | 533 | 9 | NA | 45 | 190 | 11.4 |
|
| 3 | New
York Mets /Fred Wilpon ('02) |
442 | -11 | NA | 57 | 158 | -19.3 |
| 4 | Los
Angeles Dodgers /Frank McCourt ('04) |
399 | -11 | NA | 105 | 154 | -19.1 |
| 5 | Seattle
Mariners /Hiroshi Yamauchi ('92) |
396 | 3 | 10 | 29 | 169 | 17.0 |
| 6 | Atlanta
Braves /Time Warner ('76) |
374 | -12 | 13 | 8 | 156 | -0.3 |
| 7 | San
Francisco Giants /Peter Magowan and Harmon Burns ('92) |
368 | -4 | 11 | 46 | 153 | 0.7 |
| 8 | Chicago
Cubs /Tribune Company ('81) |
358 | 7 | 13 | 11 | 156 | 8.3 |
| 9 | Houston
Astros /Robert McLane Jr ('92) |
320 | -2 | 10 | 17 | 128 | -1.9 |
| 10 | St
Louis Cardinals /William DeWitt Jr ('95) |
314 | 2 | 9 | 43 | 131 | -11.1 |
| 11 | Texas
Rangers /Thomas Hicks ('98) |
306 | -8 | 3 | 47 | 127 | -28.5 |
| 12 | Baltimore
Orioles /Peter Angelos ('93) |
296 | -5 | 5 | 51 | 129 | 9.1 |
| 13 | Cleveland
Indians /Lawrence Dolan ('00) |
292 | -12 | -2 | 37 | 127 | 10.4 |
| 14 | Colorado
Rockies /Jerry McMorris and Charlie Monfort ('92) |
285 | -6 | 10 | 35 | 124 | -6.3 |
| 15 | Philadelphia
Phillies /Bill Giles and David Montgomery ('81) |
281 | 18 | 10 | 64 | 115 | -12.5 |
| 16 | Arizona
Diamondbacks /four-man partnership ('04) |
276 | 3 | NA | 109 | 126 | -15.2 |
| 17 | San
Diego Padres /John Moores ('95) |
265 | 17 | 12 | 59 | 106 | 4.9 |
| 18 | Chicago
White Sox /Jerry Reinsdorf ('81) |
248 | 6 | 12 | 12 | 124 | 12.8 |
| 19 | Cincinnati
Reds /Carl Lindner ('99) |
245 | 10 | 6 | 27 | 123 | 11.7 |
| 20 | Anaheim
Angels /Arturo Moreno ('03) |
241 | 7 | NA | 0 | 127 | -5.5 |
| 21 | Detroit
Tigers /Michael Ilitch ('92) |
235 | -1 | 9 | 85 | 117 | 0.3 |
| 22 | Pittsburgh
Pirates /Kevin McClatchy ('96) |
217 | -3 | 11 | 41 | 109 | -0.3 |
| 23 | Oakland
Athletics /Steve Schott and Ken Hofmann ('95) |
186 | 8 | 9 | 32 | 110 | 11.2 |
| 24 | Milwaukee
Brewers /Allan Selig Trust ('70) |
174 | -16 | 9 | 63 | 102 | 5.1 |
| 25 | Florida
Marlins /Jeffrey Loria ('02) |
172 | 27 | NA | 41 | 101 | -11.6 |
| 26 | Kansas
City Royals /David Glass ('00) |
171 | 12 | 15 | 18 | 98 | 6.6 |
| 27 | Toronto
Blue Jays /Rogers Communications ('00) |
169 | 2 | 5 | 0 | 99 | 0.0 |
| 28 | Minnesota
Twins /Carl Pohlad ('84) |
168 | 14 | 7 | 54 | 99 | -7.1 |
| 29 | Tampa
Bay Devil Rays /Vincent Naimoli ('95) |
152 | 4 | 2 | 72 | 101 | 7.5 |
| 30 | Montreal
Expos /Major League Baseball ('02) |
145 | 29 | NA | 83 | 81 | -8.3 |
MLB
average |
295 | 3 | 9 | 44 | 129 | -1.9 |
|
Revenues and operating income are for 2003 season and include revenue sharing. *Value of team based on current stadium deal (unless new stadium is pending), without deduction for debt (other than stadium debt). **Current team value compared with most recent transaction. ***Includes stadium debt.^Earnings before interest, taxes, depreciation and amortization. NA: Not applicable. Table compiled by Kurt Badenhausen, Cecily Fluke, Lesley Kump and Michael Ozanian. For more statistics, visit www.forbes.com/extra. |
|||||||
Issued 4/28/03
| value* | ||||
| Rank | Team | Current ($mil) |
One-year change |
Operating income** ($mil) |
| 1 | New York Yankees | $849 | 13% | $16.1 |
| 2 | New York Mets | 498 | 3 | 11.6 |
| 3 | Boston Red Sox | 488 | 14 | -2.1 |
| 4 | Los Angeles Dodgers | 449 | 3 | -25.0 |
| 5 | Atlanta Braves | 423 | 0 | 9.5 |
| 6 | Seattle Mariners | 385 | 3 | 23.3 |
| 7 | San Francisco Giants | 382 | 8 | 13.9 |
| 8 | Chicago Cubs | 335 | 17 | 11.9 |
| 9 | Texas Rangers | 332 | -7 | -24.5 |
| 10 | Cleveland Indians | 331 | -8 | -1.0 |
| 11 | Houston Astros | 327 | -3 | -0.8 |
| 12 | Baltimore Orioles | 310 | -3 | 12.4 |
| 13 | St Louis Cardinals | 308 | 14 | -2.0 |
| 14 | Colorado Rockies | 304 | -12 | 7.1 |
| 15 | Arizona Diamondbacks | 269 | -1 | -22.2 |
| 16 | Philadelphia Phillies | 239 | 3 | -11.9 |
| 17 | Detroit Tigers | 237 | -10 | -5.3 |
| 18 | Chicago White Sox | 233 | 5 | 1.2 |
| 19 | San Diego Padres | 226 | 9 | 4.6 |
| 20 | Anaheim Angels | 225 | 15 | -3.7 |
| 21 | Pittsburgh Pirates | 224 | -7 | -1.6 |
| 22 | Cincinnati Reds | 223 | 10 | 4.9 |
| 23 | Milwaukee Brewers | 206 | -14 | -6.1 |
| 24 | Oakland Athletics | 172 | 10 | 6.6 |
| 25 | Toronto Blue Jays | 166 | -9 | -23.9 |
| 26 | Kansas City Royals | 153 | 0 | -11.2 |
| 27 | Minnesota Twins | 148 | 16 | 0.4 |
| 28 | Tampa Bay Devil Rays | 145 | 2 | 1.4 |
| 29 | Florida Marlins | 136 | -1 | -14.0 |
| 30 | Montreal Expos | 113 | 5 | -9.1 |
| LEAGUE AVERAGE | 295 | 3 | -1.3 | |
Issued 4/15/02
| Baseball teams worth the most, or increasing the fastest in value, have rich TV deals. | |||||||
| Rank Team/Principal owners (year acquired) | Current ($mil) (1) |
1yr change (2) |
debt/ value (3) |
rev ($mil) (4) |
Op income |
||
| 1 | NEW
YORK YANKEES / |
$730 | 15% | 16% | 7% | $215 | $18.7 |
| New network will leverage premier brand in sports into marketing powerhouse | |||||||
| 2 | NEW
YORK METS /N. Doubleday, F. Wilpon ('86) |
482 | 6 | 12 | 10 | 169 | 14.3 |
| Needs new ballpark to remain among elite franchises | |||||||
| 3 | LOS ANGELES DODGERS /News Corp. ('98) | 435 | 14 | 9 | 23 | 143 | -29.6 |
| Could soon supplant Mets because of broadcasting muscle supplied by Rupert Murdoch | |||||||
| 4 | BOSTON RED SOX / J. Henry, T. Werner ('02) | 426 | 26 | NA | 56 | 152 | -11.4 |
| Control of cable network provides cash machine | |||||||
| 5 | ATLANTA BRAVES /AOL Time Warner ('76) | 424 | 4 | 15 | 7 | 160 | 9.5 |
| Have sweetheart lease in new stadium and terrific broadcasting deal | |||||||
| 6 | SEATTLE MARINERS /H. Yamauchi ('92) | 373 | 12 | 12 | 34 | 166 | 14.1 |
| Great cable deal and new ballpark give this small market team big market revenue | |||||||
| 7 | CLEVELAND INDIANS /L. Dolan ('00) | 360 | -3 | 6 | 31 | 150 | -3.6 |
| Declining attendance at new ballpark spells trouble | |||||||
| 8 | TEXAS RANGERS /T. Hicks ('98) | 356 | 4 | 9 | 40 | 134 | -6.5 |
| Have favorable ballpark lease and rich cable deal | |||||||
| 9 | SAN
FRANCISCO GIANTS /P. Magowan, H. Burns ('92) |
355 | 7 | 14 | 49 | 142 | 16.8 |
| Debt-laden owners will need to keep new ballpark packed for years to keep bankers happy | |||||||
| 10 | COLORADO ROCKIES /J. McMorris ('92) | 347 | 4 | 14 | 12 | 129 | 6.7 |
| Hugely popular expansion team falling out of favor with its fans | |||||||
| 11 | HOUSTON ASTROS /R. McLane Jr. ('92) | 337 | 6 | 13 | 30 | 125 | 4.1 |
| Rich owner has a great lease in new ballpark-even with loss of Enron naming rights deal | |||||||
| 12 | BALTIMORE ORIOLES /P. Angelos ('93) | 319 | -5 | 7 | 47 | 133 | 3.2 |
| Being hindered by falling attendance and probable move of Expos to Virginia | |||||||
| 13 | CHICAGO CUBS /Tribune Co. ('81) | 287 | 16 | 13 | 14 | 131 | 7.9 |
| Consistently great fan support and high TV revenue | |||||||
| 14 | ARIZONA DIAMONDBACKS /J. Colangelo, D. Jensen ('95) | 280 | 14 | 12 | 81 | 127 | -3.9 |
| Hindered by oversaturated sports market and high debt | |||||||
| 15 | ST LOUIS CARDINALS /W. DeWitt Jr. ('95) | 271 | 12 | 9 | 15 | 123 | -5.1 |
| Have country's best baseball town, but need new ballpark | |||||||
| 16 | DETROIT TIGERS /M. Ilitch ('92) | 262 | -10 | 12 | 70 | 114 | 12.3 |
| Under mounting pressure from mountain of debt and falling attendance | |||||||
| 17 | PITTSBURGH PIRATES /K. McClatchy ('96) | 242 | 15 | 18 | 37 | 108 | 9.5 |
| Great lease in new ballpark, but among weakest demographics in baseball | |||||||
| 18 | MILWAUKEE BREWERS /A. Selig Trust ('70) | 238 | 14 | 10 | 59 | 108 | 18.8 |
| Will remain in bottom half of league because of high debt, low TV revenue | |||||||
| 19 | PHILADELPHIA PHILLIES /B. Giles, D. Montgomery ('81) | 231 | 46 | 10 | 54 | 94 | 2.6 |
| New ballpark scheduled to open 2004 will be a boon to revenue | |||||||
| 20 | CHICAGO
WHITE SOX / J. Reinsdorf ('81) |
223 | 5 | 12 | 13 | 101 | -3.8 |
| Great ballpark lease, but among worst-marketed teams in baseball | |||||||
| 21 | SAN DIEGO PADRES /J. Moores ('95) | 207 | 17 | 12 | 47 | 92 | 5.7 |
| New ballpark for 2004 season will be highly leveraged | |||||||
| 22 | CINCINNATI REDS /C. Lindner ('99) | 204 | 9 | 4 | 32 | 87 | 4.3 |
| Will move into new ballpark with excellent lease in 2003 | |||||||
| 23 | ANAHEIM ANGELS /Walt Disney Co. ('00) | 195 | -2 | 18 | 21 | 103 | 5.7 |
| Outmaneuvered by Dodgers for new regional sports cable network | |||||||
| 24 | TORONTO BLUE JAYS /Rogers Communications ('00) | 182 | 13 | 14 | 0 | 91 | -20.6 |
| New owner will be a boon to cable revenue | |||||||
| 25 | OAKLAND ATHLETICS /S. Schott, K. Hofmann ('95) | 157 | 5 | 9 | 38 | 90 | 6.8 |
| Poorly capitalized owners cannot retain star players | |||||||
| 26 | KANSAS CITY ROYALS /D. Glass ('00) | 152 | 10 | 26 | 13 | 85 | 2.2 |
| Best-run small market organization in baseball hurt by small media market | |||||||
| 27 | TAMPA BAY DEVIL RAYS /V. Naimoli ('95) | 142 | -6 | 1 | 77 | 92 | -6.1 |
| Worst-managed organization in baseball plays in oversaturated sports market | |||||||
| 28 | FLORIDA MARLINS /J. Loria ('02) | 137 | 7 | NA | 51 | 81 | 1.4 |
| In disarray with three owners in five years | |||||||
| 29 | MINNESOTA TWINS /C. Pohlad ('84) | 127 | 29 | 6 | 65 | 75 | 3.6 |
| Stingy owner has unfavorable lease and will not finance new ballpark | |||||||
| 30 | MONTREAL EXPOS /Major League Baseball ('02) | 108 | 17 | NA | 112 | 63 | -3.4 |
| Lowest attendance and poorest TV deal in baseball | |||||||
| League Averages | 286 | 10 | 12 | 38 | 119 | 2.5 | |
Revenues and operating income are for 2001 season and include revenue sharing.
(1)value of team based on current stadium deal (unless new stadium is pending), without deduction for debt (other than stadium debt).
(2)current team value compared with most recent transaction.
(3)includes stadium debt.
(4)earnings before interest, taxes and depreciation.
N/A: not applicable.league average